Econergy agreed to buy out Nofar’s 50% stake in the 155 MW Rătești photovoltaic plant, the largest in Romania. The next step is to add a 120 MW battery energy storage system. Econergy Renewable Energy said its subsidiary Econergy International, in which it holds 75.2%, has signed an agreement with Nofar Energy to acquire the […]
A firm recently established by Turkish and Romanian investors has launched a public-private partnership with the local authority in Târgu Lăpuș in northern Transylvania. They are planning a hybrid power plant worth EUR 100 million. A public-private partnership in the making in northern Romania is aimed at building a 200 MW photovoltaic plant, the largest […]
Bulgarian solar power plant operator Sunterra RE added co-located energy storage to its operational portfolio. The company’s three photovoltaic systems, with 524 MW in combined peak capacity, now also have batteries of 156 MW and 312 MWh in total. With the ongoing solar boom in Bulgaria, investors have lately also been rushing to set up […]
Investors in Serbia are obtaining approvals for connecting their planned battery energy storage systems of an overall 2,021 MW and 5,899 MWh to the grid. The projects are for standalone batteries and ones that would be co-located with power plants. Battery energy storage systems (BESS) are rapidly expanding worldwide, and Southeast Europe is no exception. […]
The Single Day-Ahead Coupling area split its hourly units into 15-minute intervals for electricity trading. The change, affecting most European markets, is aimed at enhancing the integration of renewables by making flexibility and balancing more efficient. After delays and intensive testing, the European wholesale electricity market switched to a 15-minute market time unit (MTU) from […]
Neptune Energy, a German company known for oil and gas exploration and production, obtained the country’s first lithium production license last year, and now it has confirmed resources of 43 million tons of lithium carbonate equivalent (LCE) in the Altmark region of Saxony-Anhalt. It could reshape the outlook for battery raw material supply in Germany […]
China-based HiTHIUM and Solarpro Holding have signed a 2 GWh master supply agreement for battery energy storage systems. HiTHIUM is a global provider of long-duration energy storage (LDES) technology, while Solarpro Holding is an EPC provider of photovoltaic and battery energy storage systems (BESS) in Europe. The agreement will support multiple utility-scale projects across Eastern […]
DRI expanded its activities in Poland with the acquisition of rights to build a battery energy storage system (BESS) in Kozienice, located in the east-central part of the country. The investment will also strengthen Ukraine’s grid, according to the update. DRI, DTEK’s renewables arm in the European Union, acquired a BESS project for 112 MW […]
Prime Batteries Technology started the works on multiplying the capacity of its battery storage factory in Bucharest, despite the deteriorating prospects for its industry segment in Romania. Czechia-based Tesla Group has given up on a manufacturing facility project worth almost EUR 100 million, even with state aid approved. The government’s renegotiation of a funding package […]
YESS Power said that in November it plans to commission a 60 MW battery energy storage system (BESS) in North Macedonia. The Turkey-based contractor is installing the facility for Mey Energy at the site of the client’s solar power plant in Novaci. It would be the first large BESS and hybrid power plant in the […]